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Oil price curve may hint at higher prices

Fund managers are steadily adding to bullish bets on crude oil

Published Tue, Sep 15, 2015 · 09:50 PM

    London

    CAUTIOUS oil market bulls are stirring, sensing higher prices for future months after a first whisper that the glut may be set to slowly shrink.

    The International Energy Agency (IEA) on Friday said lower prices will force non-Opec producers including the United States to cut output by the steepest rate in over 20 years next year.

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